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Are you using an automated robot ??

This is why market isn’t random: It’s because its self-fulfilling prophesy. 1) Take 100,000 traders and one big roulette table. Let them play and although they are allowed to speak with each other, interchange information, their result will be random. Random because they have no...

I tried all IB-tools, and use ButtonTrader now for 8 months and never will swap it for something else anymore. One advice: I read in several forums, that all those developers endure a huge effort to keep their software compatible with the ever changing IB-software (which changes each month)...

This reply tells us enough of how we should take your opinions and posts. Risk is just an empty phrase for you.. And please don't judge me (or others), as you have no idea who I am, how much experience I have and how profitable I am. I will not do that to you as well.

I think you are wasting your time (which will be at least a year, very pobably many more). Instead of making money by trading the already great platforms on the market (with modest fees).

Again yes, for the reasons I wrote before....but actually I think you don't have any idea of your own risk (so cannot tell it anyway)

On that I fully agree. Drawing trend-lines in Forex-charts will show more falls break-outs than other instruments (index-Futrues, or Stocks). Very probably because there is no central Exchange to quote the real Forex price. So for Forex you will need Stops far below break-out-lines or get burned.

Not especially for me alone but for all readers of this thread. We like to learn from other traders who "claim" to be profitable and/or learn from other's mistakes.

No it doesn't help if you don't revail your numbers used for your risk-percentage.... Just summing up these rules (which I do agree upon) doesn't mean anything without your definition of "risk". I get the feeling it's dynamical and depending on your frame of mind and mental-state....or isn't it ?

Impressive results! Congrats. I just found your thread and will follow it from now on (although I don't trade Stocks/Options, but Futures, it's educational to see profitable trading in other instruments).

But when do you decide to close a bad trade? You can be caught in a shortcovering rally and loss all you have. I remember a story from a trader who didn't use stops as well, and did quite well for a long time..but one very bad day lost 80%..(he simply couldn't get out anymore when he saw...

Yes, I did. But it has nothing to do with Outlook Express. The Email-server which went down, causes other servers (which forward your email) to store the emails and try later. The stored emails (which can be quite a lot) will be forwared to you later and can take long. In my case it took much...

Good to hear!

Sample set was several years of Time & Sales data of most common Futures. I might tell more later (have to go now).

Just a bit teasing.

Actually the succes rate for the learn-phase data was much higher. The test-data (not used in the learn-phase) was about 80%. System goal was to decide if to take a shortterm scalp-trade, and if so, predict the target (in ticks). In 80% of all cases it took a correct trade (direction was...

Indeed that is the way to go: adapt dynamically to the "new future"". And that's the way I did as well. I programmed an (quite large) environment of a Genetic-algorithm (self learning) with a special kind of bell-curve logic (Sorry forgot the scientific name). Genetic-systems get feed...

Then we both agree that automated trading doesn't work. As all automated-trading engines are geared to exploit one rule (call it an edge) which works generally in the past and future.

;-)) But define "Loss", when quotes wiggle up and down (a trend wiggles more in one direction than the other).

What you want to learn is a filtering out the noise and keeping a general-rule. Which I managed quite well. But this general-rule wasn't usable to be profitable. Probably because it's the noise (odd, not repeating one time events) which makes trading profitable. ...just think about that!